BUYER FINANCING FELL THROUGH! OVER APPRAISED at $713,000! Welcome to 13401 Pine Needle Ln, Fort Myers, FL 33908, a fantastic investment opportunity nestled in a serene neighborhood. This quadplex boasts a remarkable 8%+ CAP rate, making it an attractive option for savvy investors. Each of the four units has been meticulously renovated and updated, ensuring modern comfort and convenience for tenants. Currently, all units are rented, with one fetching $1,800 per month, one at $1,700 per month, and the remaining two at $1,600 per month. Each unit is equipped with its own washer & dryer, providing added convenience for tenants. The property features new A/C condenser units across all units, with two units also benefiting from new air handlers, ensuring efficient climate control and reduced maintenance concerns. The charming courtyard entrance adds a touch of elegance and provides a welcoming atmosphere for residents. Located in a desirable area of Fort Myers, this property is close to various amenities and attractions. Nearby, you'll find popular spots such as the Gulf Coast Town Center for shopping and dining, and the beautiful beaches of Fort Myers & Sanibel Island are just a short drive away. This quadplex is not just a property; it's a promising investment with a solid return potential. Don't miss out on the opportunity to own a piece of Fort Myers real estate that combines modern living with excellent income prospects. Appraisal, Home Inspection, 4-Point, & Wind Mitigation available upon request!
Active
Price cut: $5K (7/28)
$695,000
13401 Pine Needle Ln, Fort Myers, FL 33908
8beds
3,408sqft
Est.:
Quadruplex, Multi Family
Built in 1980
-- sqft lot
$-- Zestimate®
$204/sqft
$-- HOA
What's special
- 178 days
- on Zillow |
- 642 |
- 46 |
Zillow last checked: 7 hours ago
Listing updated: 11 hours ago
Listed by:
Hank Bertodatto 239-848-7552,
Epique Realty, Inc.
Source: Florida Gulf Coast MLS,MLS#: 225015667
Originating MLS: Florida Gulf Coast

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air, Electric
Features
- Flooring: Tile
- Windows: Single Hung
Interior area
- Total structure area: 3,408
- Total interior livable area: 3,408 sqft
Property
Features
- Stories: 1
- Exterior features: Courtyard, Privacy Wall
- Waterfront features: None
Lot
- Size: 0.34 Acres
- Dimensions: 124 x 106 x 139 x 108
- Features: Oversized Lot
Details
- Parcel number: 0246230400000.0010
- Lease amount: $0
- Zoning description: RM-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch,One Story
- Property subtype: Quadruplex, Multi Family
Materials
- Block, Concrete, Stucco
- Roof: Shingle
Condition
- Resale
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: FORT MYERS
HOA
- Amenities included: None
- Membership fee: $0
Location
- Region: Fort Myers
Financial & listing details
- Price per square foot: $204/sqft
- Annual tax amount: $8,615
- Date on market: 2/9/2025
- Listing terms: All Financing Considered,Cash
- Tenant pays: Application Fee, Cable TV, Electricity, Internet
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